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Main Land Company Formation

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Main Land Company formation in the UAE

Are you ready to start a company in Mainland UAE? First, get knowledge of UAE mainland corporate structure. Department of economic development provides license for mainland company formation. It provides the facility to conduct business activities within and outside of UAE. Companies under mainland company formation are hereby registered with federal law No. 2 with effect from 1 July 2015. Mainland companies are located under the commercial geographical area of the Emirates government. These are regulated by UAE government policies and legal structure. Department of economic development is considered a trade hub working under the influence of the government of Dubai, UAE.

Why set up business in UAE mainland?

Mainland also famously known as onshore company formation in UAE has its special perks. Mainland area is enriched with natural resources as minerals, petroleum. One basic reason for flourishing trade in the mainland is tax incentives. All these benefits have turned the mainland in the UAE into a business giant. Some benefits of setting up the company in the mainland are discussed below:

No personal and corporate taxation
Easy Banking Transactions
Capable workforce
Capable workforce
Currency regulations
No requirement for minimal capital.
Simple procedure to recruit employees.

Three step procedure to form a new business at Mainland

Just follow this simple three-step procedure to start your new business with us:

Appoint a UAE national local sponsor

UAE national can only act as a local sponsor. Choosing a local sponsor (UAE National) for your business is the first & very important step. With one decade of experience, Precious Point has a wide range of local sponsorâ€™s profiles. The precious point offers trustworthy & powerful local sponsor to their clients. Precious point secure investors, by signing Investment and Management agreement between a foreign investor and local sponsor. Investment and Management agreement base on to secure investor by non-involvement in business activities and profit-sharing by UAE national Local sponsor. The investor can enjoy complete ownership without any interference in the business activities.

Registration on Trade License

Apply to the department of economic development in Dubai to get a license for your business in the mainland. Complete all required documents. After getting your license to start looking for a suitable office place in mainland Dubai.

Strat your company at mainland UAE

After completion of the trade license registration process, you can start your business operations instantly.

Required Documents for Registration of Trade License at mainland

Worried about the hectic procedure of starting a new business at Dubai mainland? Precious Point made the process easy for you. Below are the details of the required documents to register your desire business trade license.